Sobha sets decent base for FY27 with record Q1 bookings

New Delhi, July 6 -- Realty firm Sobha's pre-sales or bookings in the June quarter (Q1FY27) rose by over 70% each, sequentially and year-on-year, to Rs.3,656 crore-the highest ever quarterly figure an... Read More

Room AC firms set to have a moment in the sun?

New Delhi, July 2 -- The room air-conditioner (RAC) segment is poised for a decent show in the June quarter (Q1FY27). April and May saw strong RAC demand driven by heatwaves in many parts of India. De... Read More

Manufacturing PMI: Inflation pressure is receding, so is growth

New Delhi, July 1 -- The June manufacturing purchasing managers' index (PMI) survey paints a mixed picture: cooling inflationary pressures, but slowing growth. The seasonally adjusted HSBC India Manuf... Read More

Persistent-Nagarro deal: High on diversification, low on margin comfort

New Delhi, June 29 -- The Persistent Systems stock dropped 10% on Monday, hitting a 52-week low of Rs.4,312 following the acquisition of Munich-based digital engineering company Nagarro SE, its larges... Read More

The trade-off in the Persistent-Nagarro deal is hard to ignore

New Delhi, June 29 -- The Persistent Systems Ltd. stock fell 10% on Monday, hitting a 52-week low of Rs.4,312 following the acquisition of Munich-based Nagarro SE-its largest ever at an enterprise val... Read More

Cement makers strive to repair realizations; can investor sentiment revive?

New Delhi, June 23 -- Many listed cement manufacturers saw sales from the margin-accretive trade segment rise sequentially in the March quarter (Q4FY26). Trade-segment cement is sold through networks... Read More

For realty companies, there's shrinking room for complacency

New Delhi, June 22 -- The Brihanmumbai Municipal Corporation's (BMC) decision to suspend water supply to construction sites is a negative sentiment for Mumbai-focused realty firms. A scenario of prolo... Read More

Coforge's 2030 plan is bold. Now it needs global macros to turn favourable for IT sector

New Delhi, June 18 -- Coforge is looking to double revenue from about $2.6 billion in FY27 to $5 billion by FY30, and also improve profitability and free cash flows. The target implies a revenue CAGR ... Read More

Coforge's FY30 plan is bold. Now it needs global macros to turn favourable for IT sector

New Delhi, June 18 -- Coforge is looking to double revenue from about $2.6 billion in FY27 to $5 billion by FY30, and also improve profitability and free cash flows. The target implies a revenue CAGR ... Read More

Small- and mid-cap surge signals rising risk appetite. Will the rally endure?

New Delhi, June 17 -- Since the outbreak of the US-Iran conflict in late February, India's large-cap stocks have lagged amid sluggish earnings growth, while mid- and small-caps have emerged as market ... Read More

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